Retirement Lifestyle Planning
Your Life
Life is too short to not obtain financial independence at an age where your health allows you to enjoy significant time with friends, family, and favorite activities. In younger years free time is often sacrificed to raise families and pursue careers with the thought that in the future their will be time for yourself. This is why retirement and financial independence are so important to plan for.
Freeing Up Time
You are a unique individual and your life should strike a balance between satisfying work that employs your special skills, along with sufficient time for relationships and fun activities that are good for your health. Today, many are considering early or partial retirement as a way of achieving, at least in part, their retirement lifestyle vision. By cutting back hours, working seasonally, or transitioning to a new part-time business, you may obtain more free-time while remaining mentally and physically engaged in meaningful work that provides extra income. Whether a partial or full retirement is for you, CIM will help you define your desired lifestyle and determine its affordability.
Holistic View
Once we know what your goals and living expenses are, we can begin to prepare for your retirement transition. We will take a comprehensive holistic view of your financial life and family needs. This may include qualified pension plans, 401k plans, IRA's, social security, stocks, bonds, mutual funds, CD's, and annuities. It may also include coordinating your retirement plans with a review of your estate plan, tax return, and insurance policies. CIM will assist you in the organization of your financial resourses and simplify your life!
Inflation
No plan is complete without a serious study of how inflation will impact your expenses and income year after year in retirement. We will help you conservatively determine the amount of savings and investments required to retire comfortably by using portfolio simulation, probability analysis, and years of wisdom and experience gained by helping hundreds of clients through our Retirement Lifestyle Planning process.
